Investment Accounting - Associate

Description About this role
GAAPS Alternatives | Associate NAV Oversight | Paris About BlackRock Elevate your career by joining the world's largest asset manager! Thrive in an environment that promotes positive relationships and recognises outstanding performance! We know you want to feel valued every single day and be recognised for your contribution.
At BlackRock, we strive to empower our employees and effectively engage your involvement in our success.
With over USD $9 trillion of assets we have an outstanding responsibility:
our technology and services empower millions of investors to save for retirement, pay for college, buy a home and improve their financial well-being.
Team Overview Fund Controller - Alternatives Team in Paris has responsibility for all fund accounting matters on a variety of alternative funds including:
credit, alternative fund of funds, renewable power and infrastructure debt products.
We are accountable for change management, risk management and exception management on those funds.
The fund administration is outsourced, so we manage a range external vendors to ensure the products are receiving the highest standard of service, ensuring accurate and timely production of valuations and maintenance of KPIs and MIS.
We work with multiple partners across BlackRock to support the transition of products to Dublin, the launch of new products, closures, in-species and mergers of existing funds; as well as the day to day operations of the funds.
We participate in client due diligences and support the product and sales and marketing teams with our accounting expertise.
Given the growth in this asset class we are focused on achieving scale and efficiency.
Role Responsibilities Providing operational and accounting support for all investments within the Alternatives platform.
Assist in developing operating models to address support of manual or unusual aspects of new alternative products and investments
Provide on-going operational support for complex products or investment types, which includes reconciling data received from third parties and coordinating input of data into internal systems
Building strong relationships with various internal and external partners
Completing a detailed review of legal documents and policies and procedures to highlight operational impacts and ensure operational readiness
Collaborating with external providers and internal teams to ensure a robust and scalable operating model is in place both within BlackRock and in external providers
Oversee external and internal administration and accounting for certain mandates, including investment valuation, data management, and asset and cash reconciliations
Assist with preparation and review of client reporting and ensure deliverable deadlines are met
Experience 3-5+ years of investment / fund accounting /public accounting (audit) work experience or equivalent, including review experience for at least a portion of that time.
Ability to understand financial concepts
Highly attentive, ability to focus, excellent follow-through, flexibility and stellar grammar and English skills.
Self-motivated, dedicated, able to change directions quickly, and capable of working well with strong personalities.
Capability of working in a fast paced, dynamic environment
Standout colleague with excellent interpersonal skills including ability to collaborate with a broad network of colleagues to help resolve issues
Excellent verbal and written communication skills - ability to interact and clearly communicate complex concepts to a wide variety of partners
Fluency in Microsoft Office (Excel, Outlook, Word, PowerPoint)
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including:
retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all.
Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week.
Some business groups may require more time in the office due to their roles and responsibilities.
We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation.
As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
About BlackRock
At BlackRock, we are all connected by one mission:
to help more and more people experience financial well-being.
Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses.
Their investments also help to strengthen the global economy:
support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment - the one we make in our employees.
It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock | Twitter:
@blackrock | LinkedIn:
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BlackRock is proud to be an Equal Opportunity Employer.
We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.
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